127 Seaside Ave
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$2,345,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by American Caribbean Real Estate | $2,395,000 | |
| Listed by American Caribbean Real Estate | |||
| Feb 16, 2023 | No longer available | - | |
| No longer available | |||
| Jan 24, 2023 | Price Decreased |
$2,595,000
↓ $300K
(10.4%) | |
| Price Decreased | |||
| Jan 14, 2023 | Listed by LoKation Real Estate | $2,895,000 | |
| Listed by LoKation Real Estate | |||
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Investment or Forever Home! This income producing property has it all. Unique ocean front residence on a commercially zoned lot. This two story solid concrete home offers four bedrooms and two bathrooms that has been recently renovated. It is split up with two levels, each level offering two bedrooms and one bathroom. New impact windows and doors with poured concrete roof. The zoning allows nightly rentals and is currently operating as a LEGAL Airbnb with verifiable income. 2022 had over $140k in income, with much more on the books for 2023. The property has direct ocean access with over 100ft of dock space and bay bottom ownership. This home is the ultimate for buyers seeking plenty of indoor and outdoor space with remarkable views. 1 hour from Miami.OWNER AGENT The manager has listed the unit size as 1716 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017